Swift Prepared Foods acquires Sunnyvalley Smoked Meats for $90m

JBS-owned Swift Prepared Foods, a packaged goods company, has announced its acquisition of Sunnyvalley Smoked Meats for $90 million. 

Based in California, Sunnyvalley Smoked Meats manufactures smoked bacon, ham and turkey for the retail and wholesale sectors. 

The acquisition will include one production facility in Manteca, California, and the company’s current team of 300 employees.

Tom Lopez, president and chief operating officer at Swift Prepared Foods, commented: “Today’s announcement is consistent with our company’s long-term strategy to increase our value-added and branded portfolio, and provide even more diverse product offerings to customers and consumers”.

He continued: “Sunnyvalley Smoked Meats makes delicious food products, has an impressive history and a reputation for exceptional quality and service. We look forward to welcoming the dedicated Sunnyvalley team members to Swift Prepared Foods and continuing to grow the brand.”

Swift Prepared Foods currently operates seven production sites throughout the US.

This announcement comes after Swift Prepared Foods opened a $68 million ready-to-eat bacon production plant in Missouri earlier this year. 

The latest purchase is subject to customary closing conditions.